17951 Lake Estates Drive
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2023 | Listed by Luxury Partners Realty | $6,400,000 | |
| Listed by Luxury Partners Realty | |||
| Nov 1, 2022 | No longer available | - | |
| No longer available | |||
| Oct 9, 2022 | Price Decreased |
$6,890,000
↓ $260K
(3.6%) | |
| Price Decreased | |||
| Apr 26, 2022 | Listed by Douglas Elliman | $7,150,000 | |
| Listed by Douglas Elliman | |||
| | |||
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Incredible WATER & GOLF VIEWS in St. Andrews CC! Located on an oversized lot (0.62 acre) in the desirable Lake Estates section, this 6 bedroom + office + theater home has it all. Large ground-level master suite w/ generous walk-in closets. All guest bedrooms are ensuite. Chef's kitchen has a Wolf gas cooktop, double Wolf ovens, 2 sinks, 2 dishwashers, Sub-Zero fridge, and 1,200 bottle capacity wine closet. Enjoy the incomparable lake & fairway views from an expansive open & covered patio area which includes a resort-style pool w/spa and Summer kitchen with built-in BBQ. This home features a full-house generator and hurricane impact windows & doors. Offered fully furnished. Note: The ''After'' photos have been digitally modified to show the possibilities for the property. The manager has listed the unit size as 9211 square feet.
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About St. Andrews Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017